Professional
Added to YB: 2025-02-06
Pitch date: 2025-02-05
OMCC [bullish]
Old Market Capital Corporation
-23.23%
current return
Author Info
River Oaks Capital is an investment fund that invests in a concentrated number of small, underfollowed micro cap & small cap public companies. Sign up for the newsletter.
Company Info
Old Market Capital Corporation provides broadband internet, voice over internet protocol, and video services in Northwest and Northcentral Ohio.
Market Cap
$37.1M
Pitch Price
$6.20
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
-10.09
EV/Sales
N/A
Sector
Consumer Finance
Category
growth
River Oaks Capital Portfolio Holding: Old Market Capital Corporation
OMCC: Ex-subprime lender with $29M cash, 56.5% of Amplex Internet (rural broadband). $40M mkt cap, $5.50 cost basis. Amplex expanding fiber network, doubling 9k passings. $21.3M USDA loan at 2%. FCF yield 10-12% now, 15-18% post-expansion. $50M+ NOLs. Mgmt owns 50%+. Potential for further acquisitions & debt-free growth.
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